Top oil exporters Russia and Saudi Arabia agreed on Tuesday to freeze output levels but said the deal was contingent on other producers joining in - a major sticking point with Iran absent from the talks and determined to raise production. The Saudi, Russian, Qatari and...

Translation by Yusra Ahmed (Eqtsad)- The Syrian rural areas, especially rural Damascus, have lost its characteristics and started to lose its three distinctive features: people, trees and buildings after 5 years of devastating war waged by the regime and regional allies. Comparing between the...

Oil futures extended losses into a third session in Asian trade on Wednesday, as U.S. crude stocks last week surged to more than half-a-billion barrels and as Iran plans to boost exports from March. Brent for April delivery had dropped 9 cents to $32.63 a barrel as of 0707 GMT,...

Iraq has signed a $328 million deal with U.S. company General Electric that will boost power output during peak summer months, officials said Friday, although it falls far short of the country's needs. The deal will make only a small dent in the country's major summer production shortfall,...